“They are so in love,” James said at Hilarity for Charity’s annual variety show in Los Angeles, this year called James Franco’s Bar Mitzvah, benefiting the Alzheimer’s Association. “They just love each other.”

James echoed that feeling in an Instagram soon after Dave proposed (popping the question with a one-of-a-kind rose gold ring by Irene Neuwirth, set with a rose-cut diamond).